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Project Z
A Social Space for GEN Z to Meet Metaverse Friends, Track Avatars and Play Games Together
About Project Z
Project Z, operating under the domain projz.com, was a social application company founded in 2020 and based in Singapore. The startup developed a mobile platform aimed at young users, designed to facilitate global connections based on shared interests. Core features included interest-based communities or "circles," real-time voice chat, and tools for creating a personalized online identity. The business model centered on providing a digital space for users to find and interact with like-minded individuals and participate in online events.
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The company successfully raised over $10 million in funding to support its development and growth. However, the platform encountered significant challenges related to content moderation. In May 2024, reports emerged of investigations by the Brazilian newspaper Metrópoles into the presence of extremist content and the alleged sale of inappropriate materials involving minors on the platform. These issues led to the app's suspension and removal from the Google Play Store for violating its policies. According to industry data, the company was listed as "Out of Business" as of October 2025.
The platform aimed to address the challenge of fostering meaningful connections in a digital environment by enabling users to join event parties, receive friend recommendations, and engage in real-time conversations. Despite its initial funding success and user-facing features, the operational difficulties with content moderation ultimately led to the cessation of its services. The company behind Project Z, identified as Super Simetri, reportedly launched a similar application with AI integration called "Set," which was also subsequently removed from app stores.
At a glance
- Status
- Operational
- Founded
- 2018
- Headquarters
- Singapore
- Employees
- 9
- Open positions
- None listed
- Dealroom signal
- 73.0/100
- Industry
- Gaming, Media
- Sub-industry
- Mobile Gaming, Social media
- Sector
- Consumer Services, Hard Tech
- Technology
- Virtual Reality
- Business model
- SaaS
- Client focus
- b2c
Latest news
Press, funding announcements and product moves mentioning Project Z.
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SERIES A✓Equity / VC | Jul 2022 | $10M | $40M | Ventech · Ventech China · MSA Capital · Welight Capital | ↗ |
| SEEDEquity / VC | Oct 2021 | — | — | Edge Ventures (China) · Novo Capital | ↗ |
Financials
Revenue, earnings and other financial measures where available. Years marked “E” are estimates.
Growth signals
Latest recorded traffic for Project Z is 5.2K monthly website visits, up 612.3% over the last three months. Project Z's team grew 0% over the past year.
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 AykiroDeveloper of AAA mobile games |
Bratislava, Slovakia | Closed |
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed2 investors entered at this stage
Novo Capital- E(Edge Ventures (China)
Series A6 investors entered at this stage
Ventech
Ventech China
MSA Capital
Welight Capital
Sinovation Ventures- EVEdge Ventures
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Project Z on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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